Credit and interest ratesmixed · 6 filings
“Interest Expense Interest expense was $0.2 million primarily due to the payment of unused commitment fees for both the six months ended July 31, 2026 and 2025.”10-Q · Aug 26, 2026 ↗
Movado Group, Inc.
MOV
Market read
Movado Group, Inc.'s move is spreading beyond its market group.
No new filing conclusion is available. 14 of 21 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 3 directly disclosed connections are confirming.
Company+0.9% todayVolume comparison unavailable
Market group14 of 21 activeSpecialty Chemicals & Retail · active
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- At least 14 of 21 members remain active in the next snapshot.
- Capital-flow agreement rises above 55%.
- MHK remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 7 of 21 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 14 of 21 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 3 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 14 of 21 members remain active in the next snapshot.
- Capital-flow agreement rises above 55%.
- MHK remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements304
Verified relationships3
Evidence supporting the case
- Operating margin changed +1.4 percentage points in the latest annual period.
- Net margin changed +1.1 percentage points in the latest annual period.
- Operating cash flow covered net income at 2.18x in the latest annual period.
- Foreign exchange has repeated favorable evidence across 6 filings.
- Demand and volume has repeated favorable evidence across 5 filings.
- Supply chain and availability has repeated favorable evidence across 4 filings.
- Tariffs and trade policy has repeated favorable evidence across 3 filings.
Evidence challenging the case
- Input and raw-material costs has repeated adverse evidence across 6 filings.
- Restructuring and cost reductions has repeated adverse evidence across 6 filings.
Questions before a position
- P/E is 98% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 41% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 11, 2026
32.776m+32.7%12m+83.7%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-01-31$732.4M+44.6%$3.87+1.9%
2023-01-31$744.2M+1.6%$3.94-3.1%
2024-01-31$664.4M-10.7%$1.83-1.4%
2025-01-31$653.4M-1.7%$0.81-0.2%
2026-01-31$671.3M+2.7%$1.17+0.0%
What management says matters
Persistent and emerging business drivers
Foreign exchangemixed · 6 filings
“The decrease in SG&A expenses was primarily due to (i) a decrease in certain allocated corporate costs of $2.8 million and (ii) a decrease of $0.7 million in foreign exchange losses reflecting lower transactional foreign currency losses during the period.”10-Q · Aug 26, 2026 ↗
Input and raw-material costsmixed · 6 filings
“The increase in operating income of $0.6 million was primarily related to an increase in gross profit of $1.3 million, mainly due to higher sales, partially offset by a lower gross margin percentage.”10-Q · Aug 26, 2026 ↗
Restructuring and cost reductionsnegative · 6 filings
“The Company recorded other income, net of $3.0 million for the six months ended July 31, 2025, primarily due to interest income, partially offset by a non-cash impairment charge of $0.4 million related to one of its investments in a venture capital fund in wh…”10-Q · Aug 26, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.1× · EV/sales 0.8×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
32.77+0.9% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for MOV. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for MOV. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind MOV
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
AMZNAmazon.com, Inc.distributorMar 19, 2026 ▾
“Watch and Accessory Brands market primarily to department stores, including Macy’s and Nordstrom; major jewelry store chains, including Signet Jewelers, Ltd.”
SIGSignet Jewelers LimiteddistributorMar 19, 2026 ▾
“Watch and Accessory Brands market primarily to department stores, including Macy’s and Nordstrom; major jewelry store chains, including Signet Jewelers, Ltd.”
TPRTapestry, Inc.partnerMar 19, 2026 ▾
“The Company licenses the trademark COACH ® and related trademarks on an exclusive worldwide basis for use in connection with the manufacture, distribution, advertising and sale of watches pursuant to a license agreement with Tapestry, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
MOV is currently a Follower in the organic co-movement group Specialty Chemicals & Retail. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.